Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany - 2023

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany (FOB) - 2023
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany (CIF) - 2022
3. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany
4. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany (FOB) - 2023

In October 2023, the average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $320K per unit, reducing by -69.9% against the previous month. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 80% m-o-m. Over the period under review, the average export prices hit record highs at $1.1M per unit in September 2023, and then contracted dramatically in the following month.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Tajikistan ($619K per unit), while the average price for exports to Mexico amounted to $265K per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $829,991 per unit in 2022, surging by 231% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($1,866,792 per unit), while the price for China stood at $311,591 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+629.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany

In 2022, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW from Germany soared to 95 units, jumping by 83% against the previous year's figure. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW contracted to $27M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 48%. As a result, the exports attained the peak of $34M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW from Germany in 2022:

1. United Arab Emirates (73.0 units)
2. Burundi (5.0 units)
3. Tajikistan (5.0 units)
4. Angola (3.0 units)
5. Norway (3.0 units)
6. Ecuador (3.0 units)

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Germany

After two years of decline, supplies from abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW decreased by 0% to 6 units in 2022. Overall, imports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW skyrocketed to $5M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW to Germany in 2022:

1. China (4.0 units)
2. Slovenia (2.0 units)

Source: IndexBox Market Intelligence Platform